Binance stablecoin reserves hit $53 billion as market share rises to 57%

Binance Research said stablecoins are increasingly being used not only for exchange liquidity and settlement but also as a settlement layer for tokenized traditional finance markets, a store of value and a tool for cross-border payments. The report said TradFi-linked perpetuals accounted for about 11% of all crypto perpetual trading volume in the first five months of 2026, with stablecoin-settled contracts tied to traditional financial assets exceeding $1.1 trillion in trading volume in the first half of 2026. Binance’s stablecoin reserves previously reached $53 billion, lifting its market share to 57% from 54% and leaving it about $42 billion ahead of the second-largest exchange, while Binance handled more than $500 billion of TradFi perpetual volume, or about 47% of that segment. Beyond trading, the report said 30% of Binance users now hold more than half of their portfolios in stablecoins, up from 4% in 2020. The global stablecoin market capitalization has grown to about $311 billion from roughly $254 billion a year earlier, DefiLlama data showed, while Visa’s Allium-powered dashboard recorded adjusted stablecoin volume of $1.79 trillion in June, above the previous February high. Binance Research also said Latin America’s share of Binance stablecoin transfer users rose to 38% in 2026 from 17% in 2025, reflecting stronger demand for faster, lower-cost international transfers. That trend aligns with broader regional adoption, including Bitso data showing dollar-pegged stablecoins made up 40% of crypto asset purchases on its platform in 2025, ahead of Bitcoin’s 18% share.